XK8 / XKR ( X100 ) 1996 - 2006

Would you buy an XKR-100 convertible with a salvage title?

Old Jul 11, 2021 | 04:13 PM
  #21  
Terry007's Avatar
Thread Starter
|
Senior Member
10 Year Member
Liked
Loved
Community Favorite
Joined: Jan 2013
Posts: 823
Likes: 39
From: Los Angeles
Default

Thank you all for the replies , so assuming the car is ok , what would be a fair price ?
It was hit on the driver side and the new owner was not aware of it nor of the salvage title - although I find this hard to believe- first thing I would check is the title - seller mentions it’s in fantastic condition-
How much do you think it’s worst ?
 
Reply
Old Jul 11, 2021 | 05:37 PM
  #22  
Rivguy's Avatar
Veteran Member
Joined: Aug 2015
Posts: 1,024
Likes: 475
From: SF bay Area
Default

I think that the best way to establish it's value to you, would be to compare it to other examples that are for sale. It will have to be valued below those in comparable condition. I would think it would be discounted 25-30 percent. You need to get the best deal going in, you're not going to make money on the other end. I'd be courteous but upfront with the seller, tell him that you are interested in the car, but can only pay this price. Leave your number and he can contact you later if he becomes agreeable. In the meantime keep on looking.
 
Reply
Old Jul 11, 2021 | 06:04 PM
  #23  
CA Jag's Avatar
Senior Member
5 Year Member
Liked
Loved
Community Favorite
Joined: Feb 2021
Posts: 822
Likes: 279
From: Sacramento CA
Default

Seller tells you he didn't know the car was in accident and that it has a salvage title? It's kind of hard to believe anything else he says.
 
Reply
Old Jul 11, 2021 | 06:51 PM
  #24  
Ray02XKR's Avatar
Member
Joined: Jul 2020
Posts: 46
Likes: 22
From: Phoenix
Default

hat seller is full of it, If I was really interested, I would take a really close look at the car to see how the repair was done, take a test drive.
If I am satisfy then I would spent the couple $ to get a carfax of this car and that should list what type of damages it had to be totaled.
To me a restored title would not be worth 50% of a clean title.
You need to have the will to walk away if it is questionable.
 
Reply
Old Jul 11, 2021 | 07:53 PM
  #25  
2ndeagle's Avatar
Senior Member
Joined: Mar 2020
Posts: 156
Likes: 60
From: Los Angeles
Default

I'd only buy a Salvage Titled vehicle, '75 and older, or Theft recovery.
 
Reply
Old Jul 11, 2021 | 08:17 PM
  #26  
CA Jag's Avatar
Senior Member
5 Year Member
Liked
Loved
Community Favorite
Joined: Feb 2021
Posts: 822
Likes: 279
From: Sacramento CA
Default

Agree Ray. I looked at a Corvette. Seller assured me that it was a "minor accident" but didn't have any pictures. Nice car so I did Car Fax and found it was totaled in a freeway accident. Major damage front and rear. Sometimes a salvage title can be a good deal (at the right price) if the damage was cosmetic and pro grade repair.
 
Reply
Old Jul 11, 2021 | 09:07 PM
  #27  
crbass's Avatar
Veteran Member
Joined: May 2019
Posts: 1,092
Likes: 927
From: Durham, NC
Default Negotiating position

Originally Posted by Terry007
Thank you all for the replies , so assuming the car is ok , what would be a fair price ?
It was hit on the driver side and the new owner was not aware of it nor of the salvage title - although I find this hard to believe- first thing I would check is the title - seller mentions it’s in fantastic condition-
How much do you think it’s worst ?
Hmm. At this point, I would very lowball offer or walk away from the impending hassles at any price point. I fully expect the current owner to 'enhance' the virtues of the vehicle, not act like he/she did not know anything about a salvage title/accident.

So, 'fantastic condition' likely means "I'm willing to say anything to sell this car", or "I'm an idiot who didn't know my car had a salvage title, so you probably shouldn't trust any part of my evaluation of this car's condition".
 
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Rchuda
XJS ( X27 )
4
Jun 14, 2021 04:00 PM
Dennis07
XK8 / XKR ( X100 )
216
Aug 13, 2020 08:40 PM
Xjeffs
XJS ( X27 )
2
Jul 20, 2020 04:45 AM
panastas
XK8 / XKR ( X100 )
5
Jul 27, 2013 08:01 AM
Frog
XK8 / XKR ( X100 )
6
Mar 24, 2011 11:34 PM

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Thread Tools
Search this Thread

All times are GMT -5. The time now is 11:28 PM.